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Jun 21, 2013
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. we know it's your videoconference of the day. hi! hi, buddy! that's why the free wifi and hot breakfast are something to smile about. book a great getaway now and feel the hamptonality [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ outer circle where we reach out to our sources around the world. tonight we go to china the government is eager to flex its muscles in space. the time an astronaut teaches a physics
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. we know it's your videoconference of the day. hi! hi, buddy! that's why the free wifi and hot breakfast are something to smile about. book a great getaway now and feel the hamptonality [ whirring ] [ dog...
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Jun 21, 2013
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what is the political economy that makes that happen? >> people are not asking for casinos, but they are asking for better schools, new roads, they are asking for tuition assistance and stuff that costs money. they are also saying don't you raise my taxes by one penny or we'll throw you out of office. they say, okay, we'll just do a selective, very regressive tax on a handful of mostly desperate people and we'll just sort of take the money out of them and we have the help of an industry that will make it seem glamorous like it's a dream world. what happens in vegas stays there. you can do all kinds of fun stuff. >> one of the pioneers of this was in the american indian foxwood casinos in connecticut. built on tribal land. it was a little different than putting one in queens. but that produced just a tremendous amount of revenue. that was real money that flowed into the state that really did pay for a lot of stuff. >> but connecticut is one of the worst managed states. they are bordering on bankruptcy in connecticut. it goes back to a fai
what is the political economy that makes that happen? >> people are not asking for casinos, but they are asking for better schools, new roads, they are asking for tuition assistance and stuff that costs money. they are also saying don't you raise my taxes by one penny or we'll throw you out of office. they say, okay, we'll just do a selective, very regressive tax on a handful of mostly desperate people and we'll just sort of take the money out of them and we have the help of an industry...
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Jun 20, 2013
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when the economy's bad it increases, when the economy's good, it goes down. the reason we don't have mass starvation is this program is helping tens of millions of american families survive. the facts are, before the 1970s, when we did have the program, we had third world style malnutrition. these programs almost entirely ended hunger in the 1970s. >> that used to be a bipartisan understanding. bob doll is one of the founding fathers of this program. and it used to be a way to help farmers and families. there's a business case for continuing these programs. the biggest recipients of the money. it's all cycled back into the economy. >> no one's saving -- companies like kraft that make the boxed food that's inexpensive to buy, companies like walmart, supermarkets, all plow in the money from these food stamp programs. we also had this interconnectedness of our safety net programs that's going to make this a double problem. feeding america that operates lots of food banks around the country sent out an alert saying, you have kids who get free and reduced lunch be
when the economy's bad it increases, when the economy's good, it goes down. the reason we don't have mass starvation is this program is helping tens of millions of american families survive. the facts are, before the 1970s, when we did have the program, we had third world style malnutrition. these programs almost entirely ended hunger in the 1970s. >> that used to be a bipartisan understanding. bob doll is one of the founding fathers of this program. and it used to be a way to help...
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Jun 20, 2013
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fear that all of the easy money ben bernanke has been plowing into the economy to prop it up to prevent a depression is going to start drying up. the chief market strategist at knight capital group. peter, i guess the big question is, two days, nearly 4%. you know, that makes people afraid. and it should make people afraid. the question is, is this temporary or something that could get worse and worse? >> it's a real wake-up call. i do think this is a short-term trend. given that, we are in a period of volatility. since chairman bernanke did mention tapering back in may, which is where we had our highs -- >> meaning i'm going to eventually stop giving you this free money. >> we've seen a the lot of volatility in the market, more than we've seen all year. and sideways to lowered the last two days, significantly lower, this probably more work to do on the down side in the near term, but this is actually something that's needed. a pullback is needed. we need to get back to more compelling valuations in the indexes and stocks generally speaking. so it's not as if this is completely destruct
fear that all of the easy money ben bernanke has been plowing into the economy to prop it up to prevent a depression is going to start drying up. the chief market strategist at knight capital group. peter, i guess the big question is, two days, nearly 4%. you know, that makes people afraid. and it should make people afraid. the question is, is this temporary or something that could get worse and worse? >> it's a real wake-up call. i do think this is a short-term trend. given that, we are...
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Jun 20, 2013
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we're now on round three of what i call, you know, pumping money into the economy. they call it quantitative easing. with their noses in the air. each of the new rounds has caused stocks to move higher. starting later this year, the fed will take the drugs away and may cut the addicts off entirely next year. ben white, chief economic correspondent for politico. ben, thank you. so people -- he comes out and says things are getting better. >> and the stock market tanks. >> you say what's wrong with these crazy people on wall street? americans say -- 44% of americans say they're worse off than they were a year ago. >> i think what it means for people who have a house who might want to refinance it, they should probably do it, because interest rates will go higher if the fed stops doing all this drug giving to the economy. so if you're going to refinance, do it now. if you're looking at a new home purchase, do it sooner than later. but in terms of stocks, hold on to them. wait this out. it's going to be crazy while the market tries to figure out when the fed will take t
we're now on round three of what i call, you know, pumping money into the economy. they call it quantitative easing. with their noses in the air. each of the new rounds has caused stocks to move higher. starting later this year, the fed will take the drugs away and may cut the addicts off entirely next year. ben white, chief economic correspondent for politico. ben, thank you. so people -- he comes out and says things are getting better. >> and the stock market tanks. >> you say...
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Jun 20, 2013
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last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated to top $13 billion. the protests today around the stadi stadium, this is brazil today a supposed day off from the protests. these have been incredibly dramatic. incredibly big protests. the main organizers say tomorrow is not the day off it will be the day to watch for when everybody should be expected to hit the streets. it's going to be a big news story tomorrow. watch it here. migraines mean powerful pain, and when you have a migraine bayer migraine formula, means powerful relief. its triple action formula targets migraines for relief of the tough pain, a
last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated...
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Jun 19, 2013
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when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to happen as soon as the end of 2014 or maybe early '15. that's sooner than the last time they made an announcement. so they are sort of whispering that america is coming back. that the economy is starting to come back. you might not feel it yet, but you should in the next year. >> i think so many people are ready for more than whisper. we are trying to be patient. christine romans and rana, thank you both so much. >>> coming up, a chilling case that has one community in shock. and a family torn apart. a 5-year-old girl, 5, found dead. police say he
when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to...
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >>> back to "hardball." now to the "sideshow." first as the g-8 summit in germany comes to a close, david letterman took a look back at some memorable speeches from u.s. presidents in that country, and then some. >> we put together a collection of memorable presidential speeches that took place in germany at the brandenburg gate, and we're going to show them to you. i think it will bring back quite a few memories. >> june 26, 1963. >> as a free man, i take pride in the words ich bin ein berliner. >> june 12th, 1987. >> mr. gorbachev, tear down this wall. >> july 31st, 2006. >> last night jeb and i had some crabs with like members of the 1972 miami dolphins. dan marino and his really dynamic wife. >> well, in fairness to "w," that last one was obviously not made in ger
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >>> back to "hardball." now to the "sideshow." first as the g-8 summit in germany comes to a close, david letterman took a look back at some memorable speeches from u.s....
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he is live in ireland where the conversation was supposed to be about the economy. clearly that ain't happening right now. plus congressman mario diaz vallard will join us on the fight for immigration reform. ♪ 99 bushels of wheat on the farm...99 bushels of wheat! ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat on the farm. 45 bushels of wheat! ♪ ...all morning long. there's a big breakfast... [ mini ] yeehaw! ...in those fun little biscuits. >>> we're back now. senators on both sides of the aisle are predicting their immigration reform bill can pass with 60, maybe 70 votes. but house lawmakers have not yet embrace ed it. joining me now is mario diaz-balart, immigration working group in the house. we appreciate you joining us. thank you. >> good morning. tomorrow, the house judiciary starts debating stand-alone bills as opposed to a comprehensive package. are you frustrated the debate won't begin with a comprehensive package from your group? is it better to deb
he is live in ireland where the conversation was supposed to be about the economy. clearly that ain't happening right now. plus congressman mario diaz vallard will join us on the fight for immigration reform. ♪ 99 bushels of wheat on the farm...99 bushels of wheat! ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat on the farm. 45 bushels of wheat! ♪ ...all morning long. there's a big...
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archie bunker and also coming in michael jackson and as the century moved to its conclusion with the economy booming, it was madonna, the material girl, and then bruce springsteen, and in the easterly le 21st century, this century of ours in the aftermath of 9/11, it was all about trying to hold things together, especially our families and our american eye korn became husband, a father, a guy from jersey, a crime boss. his name, tony soprano. james lipton is the host of bra bravo's inside the actors study and paul farry is with "the washington post." i want to start with about tony soprano and jam gandolfini's portrayal. he was just a guy trying to hold a family together. an early first season episode he was on a car trip to visit prospective colleges with his daughter, meadow. soprano confronts him about his line of work. listen here, she does. >> are you in the mafia? >> am i in the what? >> whatever you want to call it? organized crime. >> that's total crap. who told you that? >> dad, i have lived in the house all my life. i have seen police come with warrants. i have seen you going out a
archie bunker and also coming in michael jackson and as the century moved to its conclusion with the economy booming, it was madonna, the material girl, and then bruce springsteen, and in the easterly le 21st century, this century of ours in the aftermath of 9/11, it was all about trying to hold things together, especially our families and our american eye korn became husband, a father, a guy from jersey, a crime boss. his name, tony soprano. james lipton is the host of bra bravo's inside the...
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Jun 21, 2013
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it's everyday reinvesting for your personal economy. the ones getting involved and staying engaged. they're not afraid to question the path they're on. because the one question they never want to ask is "how did i end up here?" i started schwab for those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >>> people voicing spors for marriage equalitity and other issues. we have seen hillary clinton put out a video declaring her support. >> they are full and equal citizens and deserve the rights of citizenship. that includes marriage. >> that's the way most of us think these days. jason collins made the cover of sports illustrated when he came out as the first openly gay athlete playing in a sport. alen chairmans is one of the proponents for gay repairtive therapy. the idea that therapy can help turn a person straight. he posted an apology. he said i'm sorry that jouchl spent years working through the shame and guilt you felt when your attractions didn't change. he addressed members of the group itself to tell them it wa
it's everyday reinvesting for your personal economy. the ones getting involved and staying engaged. they're not afraid to question the path they're on. because the one question they never want to ask is "how did i end up here?" i started schwab for those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >>> people voicing spors for marriage equalitity and other issues. we have seen hillary clinton put out a...
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tonight on "all in", if you still possess the ability to be shocked by the corruption that crashed our economy, then you're going to be shocked by the report "rolling stone" has for us tonight. that's coming up. also a shocking turn of events on the house floor as the house speaker brings crucial legislation to the floor and watches it go down in flames. i'll tell you why what's bad for john boehner is good for the
tonight on "all in", if you still possess the ability to be shocked by the corruption that crashed our economy, then you're going to be shocked by the report "rolling stone" has for us tonight. that's coming up. also a shocking turn of events on the house floor as the house speaker brings crucial legislation to the floor and watches it go down in flames. i'll tell you why what's bad for john boehner is good for the
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Jun 18, 2013
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the economy is on everybody's mind. confidence in government is eroding and now we're going to have a debate on rape and abortion? this doesn't steam like the way for republicans to win back the middle politically. joining me is joan walsh and michael steele, his new book is the recovering politicians 12-step program to survive crisis. both are great members of our team here. the bill on the -- the pain capable unborn child protection floor is on the house floor. here are two congress women, michele bachmann on one side, debbie wasserman-schultz on the other. >> this bill is extreme and an unprecedented reach into women's lives into women's personal lives. this is a clear indication that the well-being of women in this country is not something republicans care to protect. >> this is a picture that was taken of an unborn baby yesterday. this is the age of a baby, the youngest age at 20 weeks that this bill is referencing. and this is the picture of the mom. we're here because we care about women. >> well, there we have i
the economy is on everybody's mind. confidence in government is eroding and now we're going to have a debate on rape and abortion? this doesn't steam like the way for republicans to win back the middle politically. joining me is joan walsh and michael steele, his new book is the recovering politicians 12-step program to survive crisis. both are great members of our team here. the bill on the -- the pain capable unborn child protection floor is on the house floor. here are two congress women,...
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the big question was, were they propping up the economy and stock market or can it fly on its own? that what we'll wait and see. if i'm a retail investor with a 401(k), hold tight, see what happens. it will be volatile for weeks, probably months at this point while the fed figures out how to get the stimulus out. ultimately, it will shake out to a normalized level. the underlying economy is good so i'd freak out a little bit, but ultimately just wait. >> we want to have the economy stand on its own two feet, but that's the thing here. 401(k) investors, they're not active traders, and the people trading here are probably booking profits from this huge run-up we've had. >> yeah. what it is is a very professional market right now, and you've got traders who love volatility, cashing in on this. we had a pretty tepid market for a while, wasn't a lot of daily motion, and then the fed said we're going to pull out stimulus and you've got big swings up and down. we could pop back up today, so this is a professional trader's market, not for the amateur, mom-and-pop investor. best thing is to
the big question was, were they propping up the economy and stock market or can it fly on its own? that what we'll wait and see. if i'm a retail investor with a 401(k), hold tight, see what happens. it will be volatile for weeks, probably months at this point while the fed figures out how to get the stimulus out. ultimately, it will shake out to a normalized level. the underlying economy is good so i'd freak out a little bit, but ultimately just wait. >> we want to have the economy stand...
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Jun 18, 2013
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working on our economy so there are more jobs in america and why we would do a detour for this which is not only wrong policy, but never going to become law is a good question. i know that all around the country republicans are trying to pass bills like this one. i can only assume it's trying to tee up a new case with the supreme court in the hopes that the rights of american women can be diminished. i can only gather, or guess, that this is really an attempt to appeal to a narrow base that is against rights for women in america. >> on the issue of the rape and incest exemption, that is not -- there was no rape or incest exemption when this went through the committee process. that was change by the republicans i understand. >> sort of. >> by their own design on friday. after they resisted that for a long time. that's what led to congressman franks saying what he did about low incidence of rape-caused pregnancy. seeing the fight over this, particularly in wisconsin, where the opponents of the bill there were so eloquent in arguing about why you shouldn't assume that women are lying ab
working on our economy so there are more jobs in america and why we would do a detour for this which is not only wrong policy, but never going to become law is a good question. i know that all around the country republicans are trying to pass bills like this one. i can only assume it's trying to tee up a new case with the supreme court in the hopes that the rights of american women can be diminished. i can only gather, or guess, that this is really an attempt to appeal to a narrow base that is...
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it's everyday reinvesting for your personal economy. >>> i'm sue herera with your mark wrap. the dow surged 109 points. the s&p up about 12 and the nasdaq jumped 28. home builder sentiment soared in june to a seven-year high a symbol the builders are viewing the market favorably. a planned stock split for google is expected on the horizon after shareholders settled a lot this weekend. and that's it from cnbc, first in business worldwide. now back to "hardball" and chris. >> this is a great top pick. lose now or later. that's the choice republicans say they're facing on the issue of immigration reform. think about it. on the one hand, there's a demographic reality threatening the future of the party. minorities populations including hispanics are skewing heavily in favor of democrats. immigrant populations are booming, is their share of the population. that's why lindsey graham is urging the party to do something to curry favor to the political bloc. doll nothing they say and you can basically kiss the white house good-bye in 2016 and well beyond. but doing something means a m
it's everyday reinvesting for your personal economy. >>> i'm sue herera with your mark wrap. the dow surged 109 points. the s&p up about 12 and the nasdaq jumped 28. home builder sentiment soared in june to a seven-year high a symbol the builders are viewing the market favorably. a planned stock split for google is expected on the horizon after shareholders settled a lot this weekend. and that's it from cnbc, first in business worldwide. now back to "hardball" and chris....
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Jun 18, 2013
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! [ male announcer ] new alka seltzer fruits chews. we know it's your videoconference of the day. hi! hi, buddy! that's why the free wifi and hot breakfast are something to smile about. book a great getaway now and feel the hamptonality where over seventy-five percent of store management started as i'm the next american success story. working for a company hourly associates. there's opportunity here. i can use walmart's education benefits to get a degree, maybe work in it, or be an engineer, helping walmart conserve energy. even today, when our store does well, i
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the...
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. because vitamin d3 helps bones absorb calcium, caltrate has the highest level of vitamin d3. more than any other brand, to help maximize calcium absorption. so caltrate women can move the world. >>> another new poll from massachusetts shows ed markey there, the congressman making good progress in the special election for the election next tuesday. according to a new poll, markey has an 11-point read over republican gabriella gifford, markey 54, gomez 43. the election is next tuesday. we hope to be up there to cover it. we'll be right back. [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums [ male announcer
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. because vitamin d3 helps bones absorb calcium, caltrate has the highest level of vitamin d3. more than any other brand, to help maximize calcium absorption. so caltrate women can move the world....
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it is a real issue for the education system, for the economy, for everyone and also politically. mitt romney still got 90% of his votes from whites in a country that is 37% nonwhite now. so jeb bush i think is ringing a gong that his party needs to hear. on the other front, you know, any time you see a hillary clinton sighting it feels like we're heading to iowa soon candy, that brings us to "state of the state the union" this sunday. i assume some of these topics will be coming up. >> yes. we'll be talking to mike rogers, head of the intelligence committee, on the house side will be among our guests. we'll talk about syria and what needs to be done there. also nsa and where we think this is all going. and immigration, which by the way, is on the floor of the senate. they didn't do much this week. it looks a little bit like a hot mess right now. but we'll try to figure out what the future of that bill is. >> all right. candy crowley, we'll be watching this sunday. thank you very much for your time. ron brownstein, thanks to you as well. appreciate it. >>> new jersey governor chri
it is a real issue for the education system, for the economy, for everyone and also politically. mitt romney still got 90% of his votes from whites in a country that is 37% nonwhite now. so jeb bush i think is ringing a gong that his party needs to hear. on the other front, you know, any time you see a hillary clinton sighting it feels like we're heading to iowa soon candy, that brings us to "state of the state the union" this sunday. i assume some of these topics will be coming up....
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if bernanke is talking about easing off the stimulus even a little bit, d ton that mean the economy is improving? isn't there some good news here? >> it's true. it does mean that. but if you look around the funds are better but they're not that strong. we got some jobs numbers today that were pretty good, some housing numbers, existing home sales that were good. but the problem is that as he gets out, people sell bonds, interest rates go up, that will hurt the housing market because that's been one of the main things that has helped housing rebound is this this idea you could borrow money really cheap. rates going up as he exits is going to hurt the recovery we're seeing. >> obviously people took a real hit in their 401(k)s in the last two days. how big a drop could we see in stock prices? >> boy, i wish i knew that answer. i would bet my whole life savings. a lot of people think we're going to see another leg down or a few legs down from here as we see this market sort out and try and find its footing. the problem is that traders have been trading based on liquidity, the amount of mon
if bernanke is talking about easing off the stimulus even a little bit, d ton that mean the economy is improving? isn't there some good news here? >> it's true. it does mean that. but if you look around the funds are better but they're not that strong. we got some jobs numbers today that were pretty good, some housing numbers, existing home sales that were good. but the problem is that as he gets out, people sell bonds, interest rates go up, that will hurt the housing market because...
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>> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively. that's always been a much more important issue to europeans than it ever has been in the united states. and you sort of take all of that into account and so there certainly is -- you know, the shine has worn off. two years ago when president obama would come over here, you know, you know, figuratively throwing rose pe petals at his feet. he still has a huge audience a few hours ago in belfast for a speech he gave that was addressing northern ireland youth. he's going to get a huge number of people at the brandenburg gate when he makes th
>> on the economy it's pretty good. but there's a whole other part of discomfort, if you will, with some european leaders and it more has to do -- their reaction to president obama is just like any other politician's reaction to a politician that may not be as popular as they once were. president obama, the nsa things do not play well over here. there has been a frustration by some on the left in europe that president obama hasn't addressed the issue of climate change more aggressively....